Producer Prices Index: Economic Activities: Manufacturing: Domestic for Denmark
Index 2015=100, Monthly
DNKPPDMMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.60
Year-over-Year Change
11.63%
Date Range
1/1/1974 - 12/1/2022
Summary
The Index 2015=100, Monthly trend measures Denmark's producer price index on a monthly basis, with 2015 as the base year. This metric is a key indicator of inflationary pressures and manufacturing sector performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Index 2015=100, Monthly tracks changes in the prices charged by Danish producers across a range of industries. It serves as an important barometer of domestic supply-side inflation and is closely monitored by policymakers, economists, and businesses.
Methodology
The data is collected through surveys of Danish manufacturing and mining companies.
Historical Context
The producer price index is a vital input for monetary policy decisions and macroeconomic analysis.
Key Facts
- Denmark's producer prices have risen by 20% since the 2015 base year.
- The index reached a peak in mid-2022 amid global supply chain disruptions.
- Producer price growth has outpaced consumer inflation in Denmark in recent years.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly tracks changes in the prices charged by Danish producers across various industries, providing a gauge of domestic supply-side inflationary pressures.
Q: Why is this trend relevant for users or analysts?
A: The producer price index is a vital leading indicator used by policymakers, economists, and businesses to assess manufacturing sector performance and inflationary dynamics in the Danish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Danish manufacturing and mining companies.
Q: How is this trend used in economic policy?
A: The producer price index is a key input for monetary policy decisions and macroeconomic analysis, as it provides insights into supply-side inflationary pressures.
Q: Are there update delays or limitations?
A: The producer price index data is published monthly with a typical lag of 4-6 weeks.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (DNKPPDMMINMEI), retrieved from FRED.